Socioeconomic

 

 

County

Bristol

School Structure

K-12

Form of Government

Town Manager

Selectmen

Open Town Meeting

2006 Population

19,242

2007 Labor Force

10,528

2007 Unemployment Rate

5.1

1999 Per Capita Income

23,876

2006 Population Per Square Mile

670.2

2006 Housing Units Per Square Mile

207.6

2006 Road Miles

109.98

EQV Per Capita (2006 EQV/2006 Population)

124,246

Number of Registered Vehicles (January 2006)

18,031

Average Age of Vehicles (January 2006)

8.2

2006 Number of Registered Voters

10,747

 

 

Certification

 

 

Most Recent

2006

Next Scheduled

2009

 

 

Bond Ratings

 

 

Moody’s Bond Rating as of January 2008*

 

S & P Bond Rating as of January 2008*

A+

 

 

*Blank indicates the community has not been rated by the bond agency.

 

 

Fiscal Year 2008 Estimated Cherry Sheet Aid

 

 

Education Aid

13,099,850

General Government

2,851,687

Total Receipts

15,951,537

Total Assessments

2,177,050

Net State Aid

13,774,487

 

 

 

Fiscal Year 2008 Tax Classification

 

 

 

 

Tax Classification

Assessed Values

Tax Levy

Tax Rate

Residential

2,040,540,935

20,364,599

9.98

Open Space

0

0

0.00

Commercial

149,441,555

1,491,427

9.98

Industrial

109,413,600

1,091,948

9.98

Personal Property

40,875,810

407,941

9.98

Total

2,340,271,900

23,355,915

 

 

 

Fiscal Year 2008 Revenues by Source

 

 

 

 

Revenue Source

 

Percent of Total

Tax Levy

23,355,914

44.96

State Aid

17,230,460

33.17

Local Receipts

6,820,517

13.13

Other Available

4,541,636

8.74

Total

51,948,527

 

 

 

Fiscal Year 2008 Proposition 2˝ Levy Capacity

 

 

New Growth

437,503

Override

0

Debt Exclusion

0

Levy Limit

23,360,481

Excess Capacity

4,566

Ceiling

58,506,798

Override Capacity

35,146,317

 

 

Other Available Funds

           

7/1/2007
Free Cash

FY2007
Stabilization Fund

FY2008
Overlay Reserve

193,583

944,731

150,596

 

 

 

 

 

 

 

Fiscal Year 2008 Average Single Family Tax Bill**

 

 

Number of Single Family Parcels

4,319

Assessed Value of Single Family

353,782

Average Single Family Tax Bill

3,531

 

State Average Single Family Tax Bill

 

 

Fiscal Year 2005

3,588

Fiscal Year 2006

3,801

Fiscal Year 2007

3,962

 

Norton issues property tax bills Quarterly.

 

**For the communities granting residential exemptions, DLS does not collect enough information to calculate an average single-family tax bill.  In FY08 those communities are Barnstable, Boston, Brookline, Cambridge, Chelsea, Everett, Malden, Marlborough, Nantucket, Somerville, Somerset, Tisbury, Waltham and Watertown.  Therefore, the average single-family tax bill information in this report will be blank.

 

Fiscal Year 2007 Schedule A – Actual Revenues and Expenditures

 

 

 

 

 

 

 

 

General Fund

Special Revenue

Capital Projects

Enterprise Funds

Trust Revenue

Total All Funds

Revenues

43,246,003

7,320,895

0

0

621,145

51,188,043

Expenditures

45,750,122

5,665,770

1,959,076

0

106,632

53,481,600

   Police

2,312,584

0

0

0

0

2,312,584

   Fire

2,530,229

0

0

0

0

2,530,229

   Education

23,450,732

2,726,294

143,776

0

0

26,320,802

   Public Works

1,304,501

2,374,287

1,331,357

0

0

5,010,145

General Fund  Debt Service

2,576,678

 

 

 

 

2,576,678

   Health Ins

5,645,032

0

0

0

0

5,645,032

   Pension

1,567,963

0

0

0

0

1,567,963

   All Other

6,362,403

565,189

483,943

0

106,632

7,518,167

 

This data only represents the revenues and expenditures occurring in these funds and does not reflect any transfers to or from other funds.  Therefore, this data should not be used to calculate an ending fund balance.

 

Total Revenues and Expenditures Per Capita

 

 

 

 

 

 

 

 

General Fund

Special Revenue

Capital Projects

Enterprise Funds

Trust Revenue

Total All Funds